LEADER 03412nam 2200613Ia 450 001 9910830719803321 005 20190522120724.0 010 $a1-119-96428-8 010 $a1-282-45661-X 010 $a9786612456619 010 $a0-470-68653-7 010 $a0-470-68656-1 035 $a(CKB)2550000000003323 035 $a(EBL)477869 035 $a(OCoLC)647848253 035 $a(SSID)ssj0000340446 035 $a(PQKBManifestationID)11947672 035 $a(PQKBTitleCode)TC0000340446 035 $a(PQKBWorkID)10387316 035 $a(PQKB)10006696 035 $a(MiAaPQ)EBC477869 035 $a(PPN)243617410 035 $a(EXLCZ)992550000000003323 100 $a20090730d2010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aMisconceptions of risk$b[electronic resource] /$fTerje Aven 210 $aChichester $cWiley$dc2010 215 $a1 online resource (252 p.) 225 1 $aStatistics in practice 300 $aDescription based upon print version of record. 311 $a0-470-68388-0 327 $aMisconceptions of Risk; Contents; Preface; Acknowledgements; 1 Risk is equal to the expected value; 2 Risk is a probability or probability distribution; 3 Risk equals a probability distribution quantile (value-at-risk); 4 Risk equals uncertainty; 5 Risk is equal to an event; 6 Risk equals expected disutility; 7 Risk is restricted to the case of objective probabilities; 8 Risk is the same as risk perception; 9 Risk relates to negative consequences only; 10 Risk is determined by the historical data; 11 Risk assessments produce an objective risk picture 327 $a12 There are large inherent uncertainties in risk analyses13 Model uncertainty should be quantified; 14 It is meaningful and useful to distinguish between stochastic and epistemic uncertainties; 15 Bayesian analysis is based on the use of probability models and bayesian updating; 16 Sensitivity analysis is a type of uncertainty analysis; 17 The main objective of risk management is risk reduction; 18 Decision-making under uncertainty should be based on science (analysis); 19 The precautionary principle and risk management cannot be meaningfully integrated; 20 Conclusions; Index 330 $aWe all face risks in a variety of ways, as individuals, businesses and societies. The discipline of risk assessment and risk management is growing rapidly and there is an enormous drive for the implementation of risk assessment methods and risk management in organizations. There are great expectations that these tools provide suitable frameworks for obtaining high levels of performance and balance different concerns such as safety and costs. The analysis and management of risk are not straightforward. There are many challenges. The risk discipline is young and there area a number of ideas, p 410 0$aStatistics in practice. 606 $aRisk$xSociological aspects 606 $aRisk$xStatistical methods 606 $aRisk perception 615 0$aRisk$xSociological aspects. 615 0$aRisk$xStatistical methods. 615 0$aRisk perception. 676 $a658.155 700 $aAven$b T$g(Terje)$0878124 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910830719803321 996 $aMisconceptions of risk$93932228 997 $aUNINA